Is Peter Thiel quitting Facebook's board and moving to LA?

Feb 16, 2018, 04:54

The billionaire entrepreneur - a member of the PayPal Mafia, Facebook's first outside investor and venture capitalist with his fingerprints all over Silicon Valley - has always been known for his libertarian views, but what thrust him into the center of the valley's political and cultural wars was his support of President Trump.

Thiel this year plans to permanently relocate his residence to his home in Hollywood, and he plans to move his Thiel Capital and Thiel Foundation organizations to a new headquarters in Los Angeles, according to a person familiar with his plans who was not authorized to publicly discuss them.

Thiel's disillusionment with Silicon Valley appeared to be largely political after he was one of the more high-profile supporters of then-candidate Donald Trump during the 2016 presidential election.

Peter Thiel talked about resigning from Facebook's Board of Directors as political tensions between the venture capitalist and Silicon Valley continue to boil. The two had disputes over Thiel's support for President Trump, according to the article.

This past November, Thiel sold three-quarters of his remaining stake in Facebook as part of a previously established trading plan.

Thiel has gotten more disaffected with politics in a left-leaning Bay Area and more pessimistic about regulatory outcomes for tech businesses, sources told WSJ.

He became a Facebook investor in 2004 with an initial investment of $500,000 at a $5million valuation.

The filing said he had sold another 160,805 shares for about $29 million, leaving his holdings at 59,913 Class A shares in the company.

"Silicon Valley is a one-party state", Thiel said last month at a debate about tech and politics at Stanford University, according to he Journal. "That's when you get in trouble politically in our society, when".

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We, too, are in disbelief and even more so that these alleged actions may have been taken by those whom we called brothers . Zeta Beta Tau have also said it is planning to host educational programs on healthy relationships.

The column and its misled reporting were plastered all over the front and back pages of the Friday edition of the paper. Sports Boston's Tom Curran called the report " off the reservation " and it appears his initial assessment was spot on.

All of the officials interviewed for this article requested anonymity to discuss a personnel and national security matter. The episode is a staffing embarrassment for Trump and could threaten Kelly's standing in the White House, some say.

Earlier on Tuesday senior district judge Emma Arbuthnot ruled that Mr Assange's warrant for breaching bail conditions still stood. Swedish prosecutors were investigating allegations of sexual assault and rape made by two women in 2010.

The 2019 BMW X4 reaches U.S. dealers in July, priced from $50,450 for the four-cylinder model, and $60,450 for the M40i. The new X4 is longer and wider than its predecessor , with more space in-between its front and rear axles.

Salah's electric pace has frightened Premier League defenders this season, even the most seasoned of pros have been put to shame. Salah is only 25, and has become the main man under Jurgen Klopp following Philippe Coutinho's £142m move to Barcelona .

Prime Minister Abbasi said the war against terrorism will continue till the elimination of the last terrorist from Pakistan. Parts of the vallery had become strongholds of the Pakistani Taliban between 2007 and 2009.

The intimate ceremony was followed by a reception in the backyard of the Scream Queens actor's Beverly Hills home. The couple tied the knot on Saturday at the Little Brown Church in Studio City, California, reports People .

The U.S. says it has been in compliance with the limits since August and it expects the Russians to comply by Monday's deadline. The Pentagon will also bring back sea-based nuclear cruise missiles, which will take up to a decade to develop, officials said.

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